By Sammy Hudes
Re/Max Canada launched its 2026 housing market outlook on Wednesday, projecting nationwide house gross sales to extend 3.4% subsequent 12 months.
“There may be gentle on the finish of the tunnel following a decline in house gross sales from coast to coast in 2025,” it stated in a information launch.
The forecast comes as a Leger survey commissioned by Re/Max stated one in 10 Canadians plan to purchase a house within the subsequent 12 months, half of them for the primary time. That’s up from seven per cent within the fall.
One-quarter stated they imagine the market of their area will develop into extra inexpensive subsequent 12 months.
“Amid looming financial clouds, Canadians are sustaining their curiosity in house possession,” stated Re/Max Canada president Don Kottick in an announcement.
“The resilience that started to emerge within the fall is anticipated to proceed into 2026, with first-time consumers particularly discovering inventive methods to save lots of and enter the market.”
The report stated house gross sales fell year-over-year in 32 of 38 markets analyzed between January and October.
Households, new Canadians, and retirees drove a bigger share of gross sales in 2025 than the prior 12 months, when first-time consumers led gross sales throughout most Canadian markets.
“Time will inform how the client profile shifts we’ve seen over the previous 12 months will affect general homebuying selections,” stated Kottick.
However stock has grown as new listings elevated year-over-year throughout all areas, together with a 21% improve in Ontario.
There have been 189,000 properties listed on the market throughout Canada on the finish of October, in accordance with the newest knowledge from the Canadian Actual Property Affiliation, up 7.2% from a 12 months earlier.
Re/Max stated this has helped result in balanced situations that ought to entice consumers, with common costs anticipated to fall 3.7% in 2026.
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Final modified: November 26, 2025